Add-Shop E-Retail stock spurts over 4% on launch of new online platform

As per the filing, “the company has launched its new updated version of websites and its ecommerce application. Now the new version is live with added features of e-commerce. Anyone can reach us by this platform. We have more simplified our e-commerce platform by adding new features”, said company.

It further added, “Now ADD-SHOP is reachable for anyone from any corner of the country. Our customer can also download our mobile app from Play store or App store.”

Add- Shop would be leveraging on its robust distribution network spread across the country for its ayurvedic products and agriculture products. The company having vast distribution network of more than 1250 franchises spread across India.

In addition, the company is having wide customer base, which offers substantial base for marketing its products to them. Such distribution network would be major growth catalyst for the company.

At around 2:13 PM, Add-Shop E-Retail was trading at Rs104.90 per share higher by 4.64% on the BSE.